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Warren Buffett buys 700 million shares in Bank of America, becomes largest shareholder

By Mr. Walnut Port on June 30, 2017

Warren Buffett’s Berkshire Hathaway said Friday it will amass a 700-million-share stake in Bank of America, making Buffett the largest shareholder in two of the nation’s largest banks. Berkshire said that it will convert warrants it purchased in Bank of America back in 2011, when the bank was struggling…
Source: Morningcall

Published in News

Mr. Walnut Port
Mr. Walnut Port

We are the citizens of Walnutport. We must unite and organize to develop community and stay ahead of the ever changing world that would decide and define the fate of our fine Borough.

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